Termination of trust; notice requirements.

Termination of trust; notice requirements.Provides that a trustee seeking to terminate a trust may do so withouta court order, provided that the trustee sends notice, subject tocertain provisions enumerated in the bill, to any qualified beneficiariesor cotrustees. The bill also provides that a qualified beneficiaryor cotrustee who objects to the termination of the trust may provideto the trustee seeking to terminate the trust written notice of suchobjection within 60 days of receipt of the notice of termination.